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Retail&Consumer

Beer Maker Bermas Posts 10% Higher Sales At RON11.3M In First Half

Romanian brewer Bermas Suceava (BRM.RO) Monday reported total sales of 11.3 million lei (EUR2.7 million) in the first half, up 10% from RON10.3 million in the same period a year earlier.

Florentina Dragu · 01.08.2011 · 12:44 · 1 min
Capital Market

SIF Moldova 1H Revenue Up 21% On Year

Romanian regional investment fund SIF Moldova (SIF2.RO) Monday reported total revenue of 74.7 million lei (EUR17.8 million) in the first half, up 21% on the year.

Florentina Dragu · 01.08.2011 · 11:50 · 1 min
BRD's Net Profit Falls 23% To RON282M In First Six Months
Banks-Insurance

BRD's Net Profit Falls 23% To RON282M In First Six Months

BRD Societe-Generale (BRD.RO) on Monday reported a 23.3% drop in its first-half net profit to 282 million lei (EUR66.5 million), hurt by weak demand.

Florentina Dragu · 01.08.2011 · 10:41 · 1 min
Banca Transilvania's First Half Net Profit Doubles To RON65.6M
Banks-Insurance

Banca Transilvania's First Half Net Profit Doubles To RON65.6M

Romanian lender Banca Transilvania (TLV.RO) Monday said its first-half net profit nearly doubled on the year to 65.6 million lei (EUR15.5 million), on lower provisioning and higher income fr...

Florentina Dragu · 01.08.2011 · 10:20 · 1 min
Erste: Our Romanian Business Will Fare Better In 4Q
Banks-Insurance

Erste: Our Romanian Business Will Fare Better In 4Q

Andreas Treichl, chief executive officer of Austrian group Erste, expects the financial results of Banca Comerciala Romana (BCR) to visibly improve starting in the fourth quarter.

Razvan Voican · 01.08.2011 · 00:00 · 3 min
Banks-Insurance

Emporiki Bank Romania 1H Revenues Rise 30% To EUR7.95M

Emporiki Bank Romania posted a 30% increase in revenues to EUR7.95 million in the first half, from EUR6.14 million in the same period a year earlier, the mother company, Emporiki Bank of Gre...

Florentina Dragu · 29.07.2011 · 20:55 · 1 min
Automotive

Turbomecanica 1H Loss Narows To RON6.7M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its loss narrowed 30% to 6.7 million lei (EUR1.6 million) in the first half, from RON9.6 million in the year-earlie...

Florentina Dragu · 29.07.2011 · 20:54 · 1 min
Banks-Insurance

Austria’s Erste 1H Net Profit Rises 5.2% To EUR496.3M

Austria's Erste Group Bank AG (EBS.RO) Friday said its first-half net profit rose 5.2% on the year to EUR496.3 million on solid operating result and lower risk costs.

Florentina Dragu · 29.07.2011 · 12:45 · 2 min
Capital Market

Socep First Half Net Profit Jumps To RON5M

Harbor operator Socep Constanta (SOCP.RO) on Friday reported a net profit of 5 million lei (EUR1.2 million) in the first half of the year, compared to RON628,000 in January-June 2010.

Andrei Cîrchelan · 29.07.2011 · 11:04 · 1 min